Microeconomics

Course: Educational program Accounting and Taxation

Structural unit: Faculty of Economics

Title
Microeconomics
Code
ОК 1.9
Module type
Обов’язкова дисципліна для ОП
Educational cycle
First
Year of study when the component is delivered
2022/2023
Semester/trimester when the component is delivered
2 Semester
Number of ECTS credits allocated
5
Learning outcomes
LO 1. To know and understand economic concepts, laws, causal and functional relations between processes and phenomena at different levels of economic systems LO 13. To understand peculiarities of the functioning of enterprises under current economic situation and to demonstrate understanding of their market positioning.
Form of study
Distance form
Prerequisites and co-requisites
Successful mastering of courses «Economics» and «Higher mathematics». Knowledge of theoretical basis of the course «History of Economics and Economic Thought».
Course content
The subject of the academic course «Microeconomics» is a conduct of business units at the primary level of economic system (households and firms), e.g. economic relationships between business units at the microlevel of economic system towards maximum satisfaction of their needs under resource scarcity. Course consists of two content modules: Content module 1. «Theory of household and firm» is dedicated to the study of consumers’ behaviour, the reaction of households’ demand on the price and income changes, production process and costs related to it and also identification of firm’s optimum output under different market structures (perfect and imperfect competition). Content module 2. «Market coordination and general economic optimality» is oriented at the study of peculiarities of demand and supply formation at the resource markets, special issues of reaching partial and general equilibrium, theories of social welfare and market failures.
Recommended or required reading and other learning resources/tools
Planned learning activities and teaching methods
Lecture, seminar, self-studying
Assessment methods and criteria
1. Discussions, oral tests – 10 points / 6 points; 2. Fulfilment of calculation tasks – 5 points / 3 points; 3. Tests – 5 points / 3 points; 3. Midterm test (2 writing working papers, each for 10 points maximum) – 20 points / 12 points; 4. Individual work (working paper) – 20 points / 12 points. 5. Exam – 40 points / 24 points.
Language of instruction
Ukrainiane

Lecturers

This discipline is taught by the following teachers

Departments

The following departments are involved in teaching the above discipline